IRS Issues
More Nonprofit Regulations Up for Comment
There’s a new opportunity right now for interested members of the public to submit comments on proposed regulations affecting the nonprofit sector. Regulations Arising
Tag: unrelated business income tax
Internal Revenue Service Issues
IRS Nonprofit Updates: UBIT Refunds & More
There’s news from (and about) the Internal Revenue Service (IRS) on several matters of interest to the nonprofit sector. The most notable development is a
IRS Issues
Poof! The Nonprofit Parking Tax is Gone
In mid-December, our Congressional representatives scurried to avert another government shutdown like the disastrous one a year ago. They made the deadline just in time
Internal Revenue Service Issues
Tax Act Impact on Charities: New Report
In a number of posts in the last 18 months or so, we’ve reported on the fallout from the hastily adopted and not well-thought-out 2017
IRS Asks for Priority Guidance Suggestions
The Internal Revenue Service’s primary mission is the administration of the federal tax laws. Part of that responsibility is guidance and education of individuals and
Endowments and Offshore Tax Havens
In recent years, Congress has made no secret that it has concerns about the billion-dollar endowments of certain tax-exempt colleges and universities. A particularly troubling
The Fourth Way to Sink Your Tax Exemption: Too Much Unrelated Business Income
In “5 Ways to Sink Your Tax Exemption,” we listed the sure-fire ways to jeopardize your 501(c)(3) tax-exempt status. We’ve already introduced four of them: